To whom it may concern,

This is a request for information through the Freedom of Information Act.

1. What was the total market value of the university’s investment portfolio(s) on the 31st July 2022?

If you are going to provide this information through your Annual Accounts/Financial Statements, please provide the specific page number, section and row that the value can be found on. For example, page 28, section 5 “Investments”, row “total market value.”

For guidance on the number we are seeking, please see this example from the University of Glasgow at ‘Annual Investments’ in cell C1091 here: https://www.gla.ac.uk/myglasgow/sustaina...

2. On the 31st July 2022, were the institution's investment portfolio(s) managed directly by the institution, indirectly by [an] external fund manager(s), or a combination of both?

3. If the university uses external fund manager(s) to manage investment portfolios, please provide the name of each fund manager used, along with the percentage of the total investment funds that they were managing on the 31st July 2022.

Please present this information in this format:

Fund manager name - Percentage of total investment funds managed
Schroders - 47%
CCLA - 49%
University - 4%

4. If the institution invests directly, please provide the details of companies invested in (by way of all investment portfolios), including the full names of each company invested in, and the market value invested in each company on the 31st July 2022. Please provide this information in a spreadsheet format.

5. If the university holds investments through [an] external fund manager(s), please provide a breakdown of the university’s holdings with that investment manager on the 31st July 2022, including the market value for each company that forms part of your investment portfolio(s) with them. Please provide this information at a company level in a spreadsheet and/or the format that this information is provided to you by your fund manager(s).

For example, see the University of Glasgow’s breakdown at ‘Annual Investments’ here: https://www.gla.ac.uk/myglasgow/sustaina...

6. Does the institution have an ethical investment policy, or similar? If so, please state if it is publicly-available, and provide a web link.

If applicable, in response to any of the above information requested, please confirm that the University does not hold this information.

Please confirm receipt of this request and we look forward to hearing back from you within the next 20 working days.

Yours sincerely,

Laura Clayson

Dear Fergus,

Thank you for your response to my Freedom of Information request.

May I please request clarity on one question: your response to question 5 contained only the top level information of the fund names that make up the University's portfolios, as opposed to the requested information of a company-level break-down of what companies are held within those portfolios.

Can you please share the investment portfolios at the company level of those funds/portfolios you outline - such as Fidelity Inst Em Mkts and P Morgan American Equity - or confirm that the University does not hold this information?

In terms of what I mean by this, please see the below portfolio, which outlines the market value held in each company. For guidance on the number we are seeking, please see this example from the University of Glasgow at ‘Annual Investments’. E.g. on row 160, BP Ord where the market value is £1,028,541: https://www.gla.ac.uk/myglasgow/sustaina...

Please provide this information at a company level in a spreadsheet and/or the format that this information is provided to you by your fund manager(s).

Kind Regards,
Laura Clayson